www.HartfordBusiness.com • December 11, 2017 • Hartford Business Journal 3
Newsmakers
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Stanley's new
Hartford presence
"Strong urban cores, and in
particular a vibrant capital city, are
essential to Connecticut's ability to
thrive, which is why we decided to
locate this important new initiative
in Hartford."
Stanley Black & Decker President and CEO Jim Loree
on his company's decision to open an advanced
manufacturing center in downtown Hartford.
Changing the
healthcare experience
"This combination brings together
the expertise of two great companies
to remake the consumer healthcare
experience. With the analytics of
Aetna and CVS Health's human
touch, we will create a healthcare
platform built around individuals."
CVS Health President and CEO Larry J. Merlo on his
company's acquisition of Hartford health insurer Aetna.
Dr. Michael Joyce | President of Lighthouse Surgery Holdings
By John Stearns
jstearns@HartfordBusiness.com
An orthopedic surgeon representing a $26.5 mil-
lion outpatient surgery center proposed at St. Francis
Hospital and Medical Center for orthopedic procedures
makes no bones that the center
marks a progression in ortho-
pedic care, not a response to
Hartford HealthCare's new Bone
& Joint Institute.
"In fact, the Bone & Joint
Institute was built in response
to the very successful Connecti-
cut Joint Replacement Institute,
which just celebrated its 10th
anniversary" at St. Francis, said
Dr. Michael Joyce, president of Lighthouse Surgery
Holdings, a group of surgeons who formed a joint ven-
ture with St. Francis to build Woodland Surgery Center.
The center, for which Lighthouse and Trinity Health Of
New England filed a Certificate of Need (CON) with the
state, aims to deliver high-quality care and reduce long
hospital stays for spine and joint-replacement surger-
ies. It will also offer more simple outpatient procedures,
Joyce said, expecting 28 to 32 surgeons to work from the
center, with 20 to 22 investor partners in Lighthouse.
The center will focus on musculoskeletal care and
comprehensive orthopaedic sports medicine, said Joyce,
who is also co-director of the Connecticut Sports Medi-
cine Institute at St. Francis, and an orthopaedic surgeon
at Orthopaedic Sports Specialists in Glastonbury.
What's the surgery center's biggest challenge?
The certificate of need process is difficult and un-
predictable. That adds difficulty recruiting surgeons
and encouraging those physicians to invest in a new
venture. Connecticut was just ranked 49th in desire
for physicians to practice medicine. I disagree. New
England has so much to offer young surgeons; we need
a state-of-the-art center with potential for physician
investment to compete on the national stage.
What's the surgery center's biggest opportunity?
Not long ago patients were spending several days in
a hospital for spine and joint-replacement procedures.
We now do nearly 1,000 outpatient spine surgeries
annually at St. Francis. We also have over 2,000 joint-
replacement patients going home within 23 hours of
surgery. We expect outpatient joint-replacement and
spine surgery to become commonplace — and we plan
to be a leader in that area.
How would you describe the competitive landscape
among ambulatory orthopedic surgery centers today?
The overall landscape for surgery centers in Connect-
icut is well-balanced for now. At the Woodland Surgery
Center, nearly half of our outpatient surgeries will be
moving from the inpatient hospital center. Some surgi-
cal volume will be moving from the ambulatory surgery
center within St. Francis and the rest from growth in
orthopaedic surgery for our aging population.
Tell us something about you many people don't know.
I grew up in Southern California and after fellow-
ship training with famous sports medicine surgeon Dr.
James Andrews in Birmingham, Ala., I could go any-
where. I chose Connecticut and became an orthopaedic
consult to the UConn athletic teams. I never regretted
giving up the California sunshine for this state.
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